2008-07-22 — ml-implode.com
On the heels of Option ARMegeddon's recent article about MBA's financial difficulties, we learn today that President and CEO Jonathan L. Kempner is resigning.
In joint press releases today, the Mortgage Bankers Association announced Kempner's resignation to be effective 2008-12-31. Former MBA chairman John A. Courson will assume the role of CEO on 2008-08-01, and will become the organization's President as of 2009-01-01.
Use the following links to view the MBA press releases. Click the "original article" link below to read the Option ARMegeddon blog post.
"MBA’s Kempner Announces His Departure"
"MBA’s Quinn Announces John A. Courson to be Chief Operating Officer"
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